Anchorage Digital offers non-U.S. banks a stablecoin stand-in for correspondent banking

Anchorage Digital provides non-U.S. banks with a reliable and secure alternative in the form of a stablecoin, which can function as a substitute for traditional correspondent banking services. This innovative solution allows these banks to efficiently conduct cross-border transactions and manage their international financial operations without the volatility often associated with cryptocurrencies, thereby enhancing their overall banking capabilities and fostering greater access to the global financial system. source: https://www.coindesk.com/business/2026/02/18/anchorage-digital-offers-non-u-s-banks-a-stablecoin-stand-in-for-correspondent-banking